17th August, 2023
TABLE OF CONTENTS
Effective contract management is crucial for IT managers to ensure compliance, mitigate risks, and streamline operations. While "Icertis" has established itself as a prominent contract management solution, several market alternatives cater specifically to your IT team's needs.
These alternatives cater to your requirements for improved contract analytics and management features.
Icertis contract management is software designed to help you effectively manage contracts throughout the entire contract lifecycle. It brings together all your contracts into a unified system of record. With Icertis, you can effortlessly manage every contract across your enterprise, gaining unparalleled control, visibility, and insights.
It offers advanced features such as contract analytics, risk assessment, and reporting, providing valuable insights to drive informed decision-making.
While Icertis contract management is a powerful tool, like any software solution, it does have certain limitations that may prompt you to explore alternative options. These limitations can vary based on your specific requirements and preferences.
The tool's user interface is slow, making it difficult for your team to navigate the platform and understand its various features. Hence, using the tool occupies a significant amount of time that your team could have spent on other vital activities.
Icertis pricing may not always be competitive compared to other market offerings. The cost structure and additional features of the tool may exceed your budget expectations, potentially impacting the overall cost-effectiveness of using the tool.
The lack of mobile app integration hinders your team from accessing and utilizing the platform's functionalities on mobile devices, reducing flexibility and convenience while they are not on their desktop.
In light of the above potential drawbacks, let’s explore the top "Icertis" contract management alternatives that offer advanced features and robust capabilities tailored to meet the unique requirements of your IT teams.
Below are the top 9 alternatives to Icertis that provide advanced features, user-friendly interfaces, and robust capabilities to fulfill your contract management requirements.
Zluri's SaaS management platform offers an intuitive dashboard with powerful features facilitating efficient contract management. It centralizes all your SaaS contracts in one convenient location, saving valuable time in navigating contracts and associated data. It enables easy document collaboration, access control and ensures data integrity.
The platform gives you access to essential metrics and insights related to your contracts. This includes information such as Total Contracts, Total Applications, Contracts Value, Annualized Cost, License Type, End Date, Payment Method, and more.
These metrics provide a comprehensive overview of your contract portfolio, enabling you to make informed decisions and effectively manage your contracts.
As the ultimate SaaS management solution, Zluri offers some powerful features that set it apart:
Robust Security and Compliance: By adhering to industry compliance standards, Zluri ensures that your contracts are fully compliant, providing comprehensive data security and adhering to regulatory requirements.
License management: Zluri offers a centralized platform for monitoring SaaS licenses, users, license types, license quantities, user roles, and spend. Additionally, it provides effective monitoring and insights into contracts associated with each license.
Vendor management: It offers a vendor management system that ensures seamless integration with your primary business system, resulting in a smooth and efficient process. It establishes a centralized SaaS system of record and simplifies the vendor life cycle.
With Zluri, you can optimize your contract management and achieve greater control and effectiveness in handling contracts across your organization.
So, what’s the wait for? Book a demo today to experience a premium SaaS management solution firsthand.
Zluri stores your contracts alongside vendors' information, facilitating easy access during renewals, audits, or terminations. Additionally, it helps you negotiate better deals when procuring multiple licenses from a single vendor, maximizing cost savings and optimizing vendor relationships.
Zluri's proactive notifications help you stay on top of contract renewals. It sends timely reminders at 30-day, 15-day, and 1-day intervals prior to contract expirations. This ensures that renewal deadlines are never missed.
DocuSign CLM is a cloud-based contract management platform that helps you effectively manage documents, contracts, and related collateral. With its comprehensive features and user-friendly interface, DocuSign CLM streamlines the entire contract management process.
The platform offers customizable workflows that can be tailored to fit an organization's specific business processes. This flexibility allows for seamless contract management integration into existing workflows, enabling teams to work in a way that aligns with their unique needs.
Further, the platform provides a centralized location for teams to collaborate on contracts and related documents, promoting efficient communication and collaboration. It also offers robust security measures to protect sensitive contract information.
The tool's intuitive and excellent user interface empowers your team to fully leverage its contract management capabilities. The user-friendly design ensures your team can easily navigate and utilize the automation features conveniently and efficiently.
The tool makes it effortless to generate contracts. You can easily input the necessary information, customize the contract templates, and easily generate professional and accurate contracts.
If you are looking for a tool with robust integration, then this may not be the option, as it has limitations in offering seamless integration. As a result, it can cause inefficiencies when automating your organization's workflows.
PandaDoc is a dynamic contract management tool designed to streamline and optimize your contract workflows. It helps you efficiently create, send, track, and manage contracts seamlessly and intuitively.
The tool simplifies the process of creating professional and customizable contracts. You can easily add interactive elements such as e-signatures, payment fields, and form fields to your contracts, enhancing your and your client's overall user experience.
It also offers robust collaboration capabilities, allowing multiple stakeholders to collaborate on a contract simultaneously. You can track changes, leave comments, and receive notifications to ensure efficient collaboration and seamless communication.
It enables you to track and manage document approvals in a streamlined manner easily. It automatically notifies the designated approvers and allows them to sign and approve documents electronically. Hence, it facilitates timely approvals and seamless document management.
The tool allows your IT teams to customize integration requirements for your organization fully. This empowers your team to have complete control over the integration capabilities, ensuring they can tailor the tool to meet your needs and requirements.
If you're managing a smaller organization, it's important to carefully consider whether this tool is the right fit for your needs. Since the pricing structure makes it difficult for smaller organizations to justify the investment, it may not be a cost-effective option.
Agiloft Contract Management Suite is an agile and intuitive software solution designed to streamline and automate the entire contract management process. With its powerful features and artificial intelligence capabilities, it optimizes your contract workflows, realizes cost savings, and mitigates compliance risks.
Its user-friendly interface and intuitive design give your team a seamless implementation experience. Agiloft enables companies to initiate, execute, and monitor contractual agreements more efficiently by automating contract workflows.
The software eliminates manual tasks and automates key processes, such as contract creation, approval, and renewal, saving time and resources. This automation increases operational efficiency, reduces the risk of errors, and improves overall compliance.
Agiloft's artificial intelligence capabilities enhance the contract management experience further. It leverages AI to extract contract data, interpret clauses, and provide insights into contract performance. This intelligent automation lets users quickly locate specific contract terms, assess contract risks, and gain valuable contract analytics.
Agiloft is highly customizable, allowing you and your team to configure it to fulfill almost any contract management task. This level of customization ensures that the tool aligns perfectly with your unique business processes and workflows.
The tool offers your IT team powerful reporting capabilities, enabling them to access comprehensive insights and effectively manage workflows. With its robust reporting capabilities, your team can easily view and analyze the various workflows in place, gaining valuable visibility into the contract management process.
If you create reports on a regular basis, then this may not be an ideal option. Since the process of generating reports is complex or requires a deeper understanding of the tool's functionalities, it makes it difficult for you to create reports efficiently and effectively.
Coupa Contract lifecycle management (CLM) offers a streamlined solution for managing the entire contract lifecycle, resulting in increased value and reduced risk for your organization. You can optimize your contracting processes, enhance contract visibility, and effectively manage contract-related activities.
It centralizes and organizes contracts in a single, secure repository. This centralized approach eliminates the need for manual searching and ensures easy access to contracts from anywhere, at any time. With Coupa CLM, you can efficiently track contract statuses, key dates, and milestones, enabling proactive contract management and timely decision-making.
Coupa CLM delivers enhanced control and efficiency throughout the entire contract lifecycle. With its robust features and capabilities, the solution empowers you to optimize contract management processes and achieve greater operational effectiveness.
The tool provides your team with an intuitive and user-friendly interface, enabling them to easily harness the full potential of its automation capabilities. The platform enhances usability and convenience, allowing your team to navigate and utilize the automation features effortlessly.
It gives your IT teams complete flexibility to customize according to your specific business needs. This flexibility allows your team to tailor the tool to optimize its functionalities and workflows to align with the business objectives and improve overall efficiency.
If you are looking for an optimal tool with robust integration features, then this may not be the option as it has limitations in offering integration options as per your requirement, leading to inefficiencies in automating the organization's workflows
SirionOne offers a smarter contracting platform to facilitate seamless connectivity, collaboration, and intelligent contract creation. Its actionable insights let you create stronger contracts, mitigate potential risks, and negotiate more favorable terms.
SirionOne empowers you to craft smarter contracts that drive better outcomes by leveraging the intelligence extracted from their existing contract portfolio. SirionOne encompasses a comprehensive range of contract lifecycle management (CLM) capabilities. It also provides a secure repository for storing, analyzing, and managing contracts until their renewal or expiration.
The platform's intelligent features enable teams to collaborate effectively, optimize contract performance, and drive positive outcomes for your organization. It enables your organizations to continuously improve their contract management practices, ensuring they are always one step ahead.
The tool offers a user-friendly interface, allowing your team to quickly grasp its functionalities and seamlessly integrate it into your workflow. With its intuitive design, your team can easily learn and navigate the tool, enabling them to automate processes and streamline their contract-related work efficiently.
It enables your team to set up dashboards and reports, allowing for a quick and clear display of detailed information at a glance. This feature lets you easily access and analyze the relevant data, gaining valuable insights and making informed decisions.
If you are considering migrating from one tool to another, then this tool may not be the most suitable option as its extensive functionalities may demand your team’s additional time and effort to become familiar with.
Capterra: Rating not available
Trackado revolutionizes contract management by centralizing all your contracts in one location, offering convenient access from anywhere. It helps you efficiently manage contracts and state on top of important dates and makes contract-related tasks becomes effortless through timely alerts.
It streamlines contract processes with its workflow management, ensuring seamless execution at every stage. You can simplify contract creation using its built-in templates, while activity logs provide a detailed history of contract activities, promoting transparency and accountability.
It gives you enhanced contract visibility, allowing you to effortlessly view, organize, and locate contracts using various filters. Moreover, the reporting module empowers you to generate comprehensive financial reports, providing insights into cost distribution and revenue allocation and enabling informed decision-making.
This is the ideal tool if you require a contract management solution that provides real-time reporting and analytics. It enables your team to effectively manage contracts while gaining valuable insights through real-time reporting and analytics
Its intuitive design and user-friendly interface make it easy for your team to learn and efficiently utilize the tool in no time.
Uploading contracts to the platform can be a time-consuming and labor-intensive process, demanding significant effort from your team.
Conga CLM presents a comprehensive contract lifecycle management (CLM) solution specifically designed for your IT teams. It automates intricate tasks involved in contract management across different departments and geographical locations. By prioritizing contract visibility and compliance enforcement, Conga Contracts effectively mitigates risks associated with contract management.
Conga CLM empowers your IT teams to navigate the complexities of contract management by automating every phase of the contract lifecycle. This ensures that accurate and up-to-date information is readily available at all times. By leveraging Conga CLM, you can effortlessly assign ownership of contract processes to the relevant IT teams, fostering streamlined collaboration and accountability.
Hence, it empowers your IT team to automate, optimize, and streamline contract management operations, resulting in risk reduction and overall organizational success.
The tool enables your team and other stakeholders to submit contract requests conveniently and sends email notifications to inform all relevant contract participants about the request’s progress.
If you have budget constraints, this solution is a cost-effective option for you. The pricing plans are designed to be affordable while still providing access to integrations and other valuable features.
If you are considering transitioning from one tool to another, this particular option may not be the most suitable choice. Its configuration process is complex, demanding additional time and effort to set up effectively.
CobbleStone is a contract management tool that serves a wide range of top-tier organizations. Powered by its advanced AI capabilities, "Contract Insight," CobbleStone automates and streamlines the complete contract lifecycle, offering a simplified and efficient management process.
With its intuitive user interface and comprehensive management features, CobbleStone empowers your IT teams to handle contracts easily, eliminating manual management challenges. Leveraging AI-powered automation, the tool helps your team save precious time and resources by effectively monitoring and executing contracts.
The software's automated processes enable seamless collaboration, effective risk management, and increased compliance, ensuring your contracts are managed with precision and accuracy.
The software automatically sends you timely reminders, ensuring that you never miss any renewals or upcoming contract expirations. Hence, it helps you stay proactive in renewing agreements and avoid any potential disruptions or penalties due to expired contracts.
Its advanced features and functionalities may present a steep learning curve for your teams who are unfamiliar with the system. It may require additional time and effort for them to become proficient in using these advanced capabilities.
If your team needs to create a custom report, this tool may not be the best option. Its custom reporting feature is a bit difficult to generate reports on a regular basis. To generate the needed customized reports, they may require a deeper understanding of the tool's reporting functionality.
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